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Two-thirds (66 per cent) of alternative investment professionals have a good understanding of the benefits of fund finance but cite negative perceptions among LPs as the biggest challenge to its wider adoption, according to a new survey commissioned by Intertrust, a specialist in providing tech-enabled fund and corporate solutions.Of those who are familiar with fund finance, almost half (44 per cent) say they had a good understanding of specific areas, while a further 24 per cent are aware of the fund finance product suite and levels of lender appetite. In contrast, one-in-three (33 per cent) respondents admit to having little or
The Asset Management Exchange (AMX), an institutional platform for investors and asset managers, has appointed Dr Kerrie Mitchener-Nissen as Head of Product.Mitchener-Nissen joins AMX, which manages over USD9.5 billion in assets, to lead a growing team of four product specialists. She will be responsible for managing existing solutions as well as new product development, to support the expanding range that AMX can offer its clients.
Mitchener-Nissen joins from JP Morgan Asset Management where she served for 13 years, most recently as Head of International Product Development. In this role she was responsible for setting and executing the product strategy to
As the digital currency market matures, a new crypto hedge fund, Circle Fund, has emerged — the first to be compliant in Asia. The company behind Circle Fund has more than five years of experience in both the primary and secondary blockchain industry markets and has a team of investors with decades of experience in securities, commodity, and currency trading. The global team has a presence in Shanghai, Hong Kong, and New York.
Circle Fund’s team of investors works with parties in the Chinese and American markets, such as high-volume exchanges, media companies, and blockchain and venture capital investment managers. Circle
In this new monthly blog, Joel Press, formerly a senior partner and Head of the Global Hedge Fund Practice at Ernst & Young, and a leading voice on hedge fund operations and co-ordination services, talks through an array of considerations on how best to prepare for a successful hedge fund launch. In this first installment, Press, who works on a discretionary basis with a handful of start-ups each year through his consulting arm, Press Management LLC in New York, discusses the key business planning issues, including access to capital…
The global hedge fund industry returned +1.75 per cent in December, bringing aggregate 2019 full-year returns to +9.74 per cent, according to eVestment’s December 2019 hedge fund performance data. 2019 marked the industry’s best aggregate returns since 2013, when the industry returned +12.58 per cent.
For the year, Russia-, China- and Brazil-focused funds were performance leaders by a wide margin. Russia-focused funds returned +26.69 per cent for 2019, China-focused funds returned +23.15 per cent last year and Brazil-focused funds closed out 2019 at +21.68 per cent. However, where there is great reward, there can be great risk: All three of
Perella Weinberg Partners (PWP) Capital Management has elected Amita Schultes a Partner of the firm, effective 1 January, 2020.
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 0.66 oper cent in December, underperforming the 1.22 per cent monthly return of the HFRX Global Hedge Fund Index. The Wilshire Liquid Alternative Index family is a joint offering between Wilshire Funds Management, the global investment management business unit of Wilshire Associates, and Wilshire Analytics, creator of the Wilshire 5000 Total Market Index.
“Equities surged in the fourth quarter of 2019 across geographies thanks to improvements in investor sentiment and continued central bank support,” says Jason Schwarz, President of Wilshire
LiquidityBook, a Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, has made two London-based hires for its EMEA Client Service Team: James Pearson and Abdullah Al Nasiri. Pearson will serve as a Technical Implementation Analyst, while Al Nasiri will serve as a Client Services Analyst.
Both Pearson and Al Nasiri will play crucial roles in ensuring that clients are able to effectively use LiquidityBook platforms. Pearson will play a key role in onboarding projects, working closely with both internal developers and external clients, while Al Nasiri will work in the client support group. The hires arrive at the firm at
Following positive gains in November, CTAs experienced a small dip in December, as the SG CTA Index closed the month at -0.65 per cent. Nevertheless, all indices closed the year in positive territory with the SG CTA Index and the Short-Term Traders Index up by +6.24 per cent and +3.62 per cent YTD respectively.There was return dispersion between all the CTA strategy styles from trend followers to non-trend and short-term CTAs. Looking at the year-end figures, it is clear that trend followers led performance in 2019 with the SG Trend Index up by +9.22 per cent YTD, marking their best